| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $31M | — | 17.8% |
| Op. Income | -$24M | — | -$20M | — | -22.4% |
| Gross Margin | 61.4% | — | 60.9% | — | 0.5pp |
| Net Margin | -69.1% | — | -60.3% | — | -8.8pp |
| EPS (Diluted) | $-0.90 | — | $-0.70 | — | -28.6% |
| Free Cash Flow | -$24M | — | -$9M | — | -165.0% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $23M |
| R&D Expenses | $14M |
| Selling & Marketing | $16M |
| General & Administrative | $16M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$24M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $2M |
| EBIT | -$24M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $982.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$522.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $615.0K |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $8M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $11M |
| Goodwill | $7M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $98M |
| Account Payables | $1M |
| Short-Term Debt | $694.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $581.0K |
| Deferred Tax Liabilities | $354.0K |
| Other Non-Current Liabilities | $489.0K |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $70M |
| Common Stock | $294.0K |
| Additional Paid-In Capital | $239M |
| Retained Earnings | -$217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $98M |
| Total Debt | $58M |
| Net Debt | $12M |
